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Missouri’s First Bank announces CEO succession plan

First Bank CEO Shelley Seifert will retire at the end of this year. The St. Louis-based bank selected industry veteran Mikel Williamson to succeed Seifert.  Williamson, who was selected after an extensive search, served as president and CEO of Happy State Bank & Trust before its sale in 2022, staying on to oversee the bank’s … Read more

Merchants Bank of Indiana hires business development executive

Carmel, Ind.-based Merchants Bank of Indiana hired Paul Jastrzebski as vice president, senior business development officer in its SBA lending division. Jastrzebski, who is based from Denver, has more than a decade of business development experience, including as a senior vice president for Chicago-based Community Development Corporation lender SomerCor 504. “Jastrzebski gained industry recognition as … Read more

Wisconsin bank hires seasoned banker to lead investment management

Aron McDonald joined Marinette, Wis.-based Stephenson National Bank & Trust as head of wealth management. A senior vice president, McDonald has more than 28 years of wealth management experience and was most recently an executive for Busey Bank in Peoria, Ill. He graduated from Millikin University, Decatur, Ill., with a Bachelor of Science degree in … Read more

Capitol Bank hires commercial lending executive

Michael Johnston joined Madison, Wis.-based Capitol Bank as senior vice president of commercial lending.   Johnston has 23 years of commercial banking experience in the Madison market. He has a bachelor’s degree in business administration and finance from the University of Iowa, Iowa City.  “Michael’s depth in commercial lending experience and his appreciation of community banking … Read more

Lincoln Savings Bank CEO resigns

Lincoln Savings Bank President and CEO Erik Skovgard resigned June 15. The resignation was announced in a June 21 press release from the Reinbeck, Iowa-based bank. Skovgard, who had worked for the $1.8 billion bank since 1994, had been CEO and president since 2014.   “A need for change has been building in me for quite … Read more

Iowa’s Availa Bank hires vice president

Carroll, Iowa-based Availa Bank hired Sheila Akridge as a vice president and loan officer to work from the bank’s Pocahontas, Iowa, branch. Akridge attended Iowa Lakes Community College, Estherville, Iowa, and Buena Vista University, Storm Lake, Iowa, and has degrees in business management and administration. She was previously an assistant vice president at another financial … Read more

Centier Bank names market president, VP

Indiana-based Centier Bank hired Timothy Schooler as senior vice president, market president of the bank’s greater Lafayette, Ind., market. Schooler has more than 20 years of experience in banking with a focus on commercial lending. Schooler is working alongside Joe Howarth, who has served in the role for the last nine years and has since … Read more

Two Stearns Bank directors to retire

St. Cloud, Minn.-based Stearns Bank announced the retirements of directors Tom Williams and Roger Voit. Voit was named Stearns Bank Upsala N.A. Board Director Emeritus. He joined Stearns Bank — at the time state-chartered First State Bank of Albany — 66 years ago as he finished high school. Voit retired from the bank in 2014 … Read more

One Community Bank names VP, commercial banking officer

Oregon, Wis.-based One Community Bank named Audra Dalsoren vice president commercial banking officer at its Stoughton, Wis., office. Dalsoren has two decades of banking experience with 15 years of work in agricultural and commercial credit. “Audra will be an important partner to our area businesses,” said Senior Market President Scott Hoerth. 

Iowa banking superintendent to step down

Iowa Division of Banking Superintendent Jeff Plagge will step down at the end of this year, according to the Community Bankers of Iowa. Appointed by Republican Gov. Kim Reynolds, Plagge has been in the position since September 2019. “I’m proud of what we have accomplished during my four-year tenure,” Plagge said. “The accomplishments include the … Read more